U.S.: Pyrites Market 2022

Pyrites Market Size in the U.S.

In 2021, the U.S. pyrites market increased by X% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption saw a tangible expansion. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Pyrites Production in the U.S.

In value terms, pyrites production declined modestly to $X in 2021. The total output value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2020, and then fell slightly in the following year.

Pyrites Exports

Exports from the U.S.

In 2021, after five years of growth, there was significant decline in shipments abroad of pyrites, when their volume decreased by -X% to X tonnes. Over the period under review, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked at X tonnes in 2020, and then fell dramatically in the following year.

In value terms, pyrites exports dropped remarkably to $X in 2021. Overall, exports enjoyed notable growth. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at $X in 2020, and then declined dramatically in the following year.

Exports by Country

Mexico (X tonnes) was the main destination for pyrites exports from the United States, accounting for a X% share of total exports. Moreover, pyrites exports to Mexico exceeded the volume sent to the second major destination, Colombia (X tonnes), more than tenfold. The third position in this ranking was occupied by Canada (X tonnes), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Mexico stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+X% per year) and Canada (-X% per year).

In value terms, Mexico ($X) remains the key foreign market for pyrites exports from the United States, comprising X% of total exports. The second position in the ranking was occupied by Colombia ($X), with a X% share of total exports. It was followed by Canada, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Mexico totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+X% per year) and Canada (+X% per year).

Export Prices by Country

The average pyrites export price stood at $X per tonne in 2021, increasing by X% against the previous year. Over the period under review, export price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 an increase of X%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Ecuador ($X per tonne), while the average price for exports to Australia ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Pyrites Imports

Imports into the U.S.

In 2021, purchases abroad of pyrites increased by X% to X tonnes, rising for the third year in a row after two years of decline. In general, imports showed a buoyant increase. The growth pace was the most rapid in 2019 when imports increased by X%. Over the period under review, imports hit record highs at X tonnes in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, pyrites imports skyrocketed to $X in 2021. Overall, imports continue to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Finland (X tonnes) constituted the largest pyrites supplier to the United States, accounting for a X% share of total imports. Moreover, pyrites imports from Finland exceeded the figures recorded by the second-largest supplier, China (X tonnes), sixfold. The third position in this ranking was occupied by Italy (X tonnes), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Finland totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Italy (+X% per year).

In value terms, Finland ($X) constituted the largest supplier of pyrites to the United States, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Finland totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and China (+X% per year).

Import Prices by Country

The average pyrites import price stood at $X per tonne in 2021, remaining constant against the previous year. In general, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, import price reached the peak level of $X per tonne. From 2018 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Peru ($X per tonne), while the price for Finland ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform